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life insurance
vickithomas
Posts: 21 Forumite
Can someone please recommend a good life insurance policy as they all baffle me.
i have 2 kids and my oh has a lot of medical probs so he is no longer able to get life insurance cover as noone will insure him.
i have a mortgage and a loan both without protection simply because the mortgage is not for the full amount on my home and i wanted to get a better deal on my life cover rather than 1 the mortgage ppl want to give you. so any advice is greatly recieved thanks.:D
i have 2 kids and my oh has a lot of medical probs so he is no longer able to get life insurance cover as noone will insure him.
i have a mortgage and a loan both without protection simply because the mortgage is not for the full amount on my home and i wanted to get a better deal on my life cover rather than 1 the mortgage ppl want to give you. so any advice is greatly recieved thanks.:D
I need to Save Save Save
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Comments
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Can someone please recommend a good life insurance policy as they all baffle me.
I suggest you arrange an appointment with an IFA.
There are different types of life assurance for different needs. You probably need two types as well. Not just one.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
thanks i will make an appointment asap then as i really need to sort one out. I need to Save Save Save0
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I agree speak to a good IFA. He should look at two policies, one to cover your debt and another to look after your dependants. He should also investigate your husbands helth issues to see if he can get affordable cover through a specialist insurer. Good luckI am a director of Torquil Clark Life Insurance (formerly Life Policies Direct), a specialist protection broker. Posts on this forum do not constitute or imply advice and are for discussion purposes only containing generic information. If you need individual guidance please seek advice from a suitably qualified, registered and authorised financial adviser0
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thanks for the advice hun
much appreciated. I need to Save Save Save0 -
yes speak to an IFA i have just got life assurance due to working on oil rigs
my IFA found one with norwich union its level term morgage protection.
im insured for £90,000 and that means that whatever happens my wife will get £90,000 our morgage is £70,000 so if i died in the next few weeks my missus would get the house paid of and £20,000 in cash
this is over 18yrs level term at a cost of £11.49 per month though this is an expat assurance so prices could or should be cheaper when living in ukHi there! We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com0
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